Utilities and telecoms are being negatively impacted by interest rate environment changes, but some sectors are showing resilient economic growth, says Evan Bauman, portfolio manager on the Legg Mason ClearBridge US Aggressive Growth fund.
Aiming to reduce trading costs
iPhone sales set to fall in the coming quarter
Although the S&P 500 index suffered its worst annual performance since 2008 last year, large technology positions and a focus on the growth drivers of tomorrow helped boost returns for the Natixis Loomis Sayles US Equity Leaders fund in 2015.
Fund groups are raising their technology exposure in existing funds, and even launching sector-specific mandates, as they predict disruptive technologies will wipe out household names in the future.
David Stevenson says 2016 could still be a rewarding year for investors, despite a turbulent start to the year for world markets.
Credit Suisse estimates revenues from the sharing economy will grow from $15bn in 2013 to $335bn in 2025, but how can investors access it? Mike Fox, head of sustainable investment at Royal London Asset Management, explains.